Short Interest in Airship AI Holdings, Inc. (NASDAQ:AISP) Grows By 154.7%

Posted by Defense World Staff on Jun 29th, 2024

Airship AI Holdings, Inc. (NASDAQ:AISP – Get Free Report) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totalling 1,320,000 shares, a growth of 154.7% from the May 31st total of 518,200 shares. Currently, 12.4% of the company’s shares are short sold. Based on an average daily volume of 2,360,000 shares, the days-to-cover ratio is presently 0.6 days.

Airship AI Stock Up 7.5 %

Shares of NASDAQ AISP opened at $3.59 on Friday. Airship AI has a 12 month low of $1.34 and a 12 month high of $14.32. The stock’s 50-day simple moving average is $4.97.

Airship AI (NASDAQ:AISP – Get Free Report) last announced its quarterly earnings data on Wednesday, May 15th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $10.58 million for the quarter. Sell-side analysts anticipate that Airship AI will post -0.16 EPS for the current year.

Institutional Trading of Airship AI

A hedge fund recently bought a new stake in Airship AI stock. Virtu Financial LLC acquired a new position in shares of Airship AI Holdings, Inc. (NASDAQ:AISP – Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 22,379 shares of the company’s stock, valued at approximately $147,000. Virtu Financial LLC owned approximately 0.10% of Airship AI at the end of the most recent reporting period. 5.89% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AISP shares. Roth Mkm started coverage on shares of Airship AI in a report on Monday, May 20th. They set a “buy” rating and a $12.00 price objective on the stock. Roth Capital raised Airship AI to a “strong-buy” rating in a research report on Monday, May 20th.

Get Our Latest Research Report on AISP

About Airship AI

(Get Free Report)

Airship AI Holdings, Inc offers AI-driven video, sensor, and data management surveillance platform in the United States. The company provides Airship Acropolis OS, an IP and analog video surveillance; Airship Command, a suite of visualization tools that allows users to view data and evidence ingested from the edge; and Airship Outpost for high-definition recording with user defined low-bit rate video stream encoding.